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Oppenheimer Downgrades Redfin Corp. (RDFN) to Perform

December 21, 2020 7:43 AM EST

Oppenheimer analyst Jason Helfstein downgraded Redfin Corp. (NASDAQ: RDFN) from Outperform to Perform.

The analyst comments "We are incrementally positive on the long-term viability of the iBuyer business model following financial disclosure from industry leader Opendoor, which we initiated with an Outperform... More